Earlier this week, the federal banking agencies published their Shared National Credit (SNC) 2024 report highlighting findings from their semi-annual reviews. The report assesses risk in credit facilities syndicated among at least three banking institutions with aggregate loan commitments of $100 million and nonbanks. The 2024 SNC sample covered 34% of the $2.96 trillion in...
This week in review Meredith Coffey discusses SNC & Leverage in the Time of COVID, Bridget Marsh reviews how to Trade Reorg Equity, Meredith Coffey explains the intersection of LIBOR Cessation & Disney's Space Mountain and Phillip Black reminisces (via podcast) about Congress Behind the Scenes....
